General Unsecured Creditor definition

General Unsecured Creditor means the Holder of a General Unsecured Claim.

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General Unsecured Creditor means the holder of a General Unsecured Claim in respect of and to the extent of such General Unsecured Claim;

General Unsecured Creditor means a Creditor with a General Unsecured Claim.

Examples of General Unsecured Creditor in a sentence

• The receipt of the consideration contemplated by and in accordance with the terms of this Agreement and the Plan shall constitute a full satisfaction, settlement, release and discharge of the claims of each General Unsecured Creditor.

• The funds to be utilized to make Cash payments under this Plan have been and/or will be generated from, among other things, payments made, funds available, or obligations assumed under the Plan Sponsor Agreement, payments under the General Unsecured Creditor Note, the Cash of the Debtors as of the Effective Date, and Cash generated from operations of the Debtors or Reorganized Debtors.

• The General Unsecured Creditor Cash Pool shall be funded in the aggregate amount of CAD $10 million.

• The Company represents that it intends for the Final Separation Payment, if applicable, to represent no less of a percentage of the Outstanding Severance Payments than the percentage recovery of any other General Unsecured Creditor of the Company under the Plan, pursuant to contractual settlements with the Company.

• Subordinated Note Claims: Each beneficial holder of a Subordinated Note Claim with an Accepted Claim shall receive its Pro Rata Share4 of the General Unsecured Creditor Cash Pool from the Plan Implementation Fund, in full satisfaction of such Accepted Claim, in each case, subject to the terms of the Subordinated Note Indenture and all related obligations thereunder.

More Definitions of General Unsecured Creditor

General Unsecured Creditor means any holder of a General Unsecured

General Unsecured Creditor means every creditor other than holders of Administrative Claims, Priority Claims, Priority Tax Claims, Archdiocese of Milwaukee Priests’ Retiree Medical Plan Claims, Archdiocese of Milwaukee Priests’ Pension Plan Claims, Archdiocesan Cemeteries of Milwaukee Union Employees’ Pension Plan Claims, Archdiocese of Milwaukee Lay Employees’ Pension Plan Claims, Perpetual Care Claims, Abuse Survivor Claims, Charitable Gift Annuity Claims, or Penalty Claims.

General Unsecured Creditor means a holder of an Allowed Claim.

General Unsecured Creditor means any Creditor holding an Allowed General Unsecured Claim.

General Unsecured Creditor means the holder of a non-contingent

General Unsecured Creditor means the holder of an Allowed General

General Unsecured Creditor means the holder of a General Unsecured